Toyo Tire joins FTSE4Good, FTSE Blossom Japan and SOMPO

Toyo Tire Corporation has been selected as the member of three ESG indexes: the FTSE4Good, FTSE Blossom Japan and the SOMPO sustainability index.

ESG (Environment/Social /Governance) indexes are composed of companies that are evaluated by independent evaluation agencies to focus on ESG management. Companies’ sustainability initiatives are attracting increasing attention in order to better maintain the international community under today’s influence of the global expansion of COVID-19 infection. In March 2019, Toyo Tire’s sustainable development goals (SDGs) were set and announced that it aims to achieve 14 goals particular points.

The “FTSE4Good Index Series” and “FTSE Blossom Japan Index” are developed by FTSE Russell, a subsidiary of the London Stock Exchange Group. The “SOMPO Sustainability Index” is operated by Sompo Asset Management.

“We take it sincerely that being adopted by multiple ESG brands means that we are expected to be a company that should fulfil its social mission globally. We will continue to incorporate ESG’s fundamentals into our corporate activities and contribute to the realization of a sustainable mobility society as a global tyre manufacturer”, company representatives said in a statement.